Alberici Constructors, Inc.

Project Cost Accountant

US-TX-Austin
1 month ago
Job ID
1510
# Positions
1
Experience (Years)
2
Category
Accounting/Finance - All

Overview

Flintco Job Description Header - New Logo 01.10.2017

Founded in 1908, Flintco is dynamic construction company with offices in Austin, Albuquerque, Houston, Memphis, Oklahoma City, Northwest Arkansas and Tulsa. Our mission is Building Leaders, and we strive to accomplish it through continuing education opportunities, goal setting and accountability and excellence at every level. The strength of our success rests in how we take a personal approach to each project, focusing on client goals, understanding the individual markets we serve and maximizing our national resources to their fullest extent. Our culture is based around guiding principles that have been compiled into the Flintco Ethos. Integrity, quality, safety and accountability are tenants that each Flintco employee should exemplify.

 

The Project Cost Accountant provides professional cost management, accurate project forecasting and cost control, working directly on-site with project teams. They support contract administration with accurate client pay applications, subcontractor cost review and general expense processing. Through the application of policy, procedure, detailed work processes and best practices they help achieve desired financial results on construction projects. The Project Cost Accountant will have experience with computerized construction financial accounting systems, and how to analyze and forecast construction costs.

Responsibilities

Essential Duties and Responsibilities
All duties and responsibilities include the following, however, other duties may be assigned. To perform in this position successfully, an individual must be able to perform each essential duty satisfactorily. 

  • Reads and becomes familiar with owner contract and Flintco subcontract as they pertain to billing, notice requirements, dispute resolution and other commercial considerations.
  • Spreads original estimate and approved change orders onto estimate sheets and into various categories such as pay item, cost code, description, insurance code, man-hours, quantity, unit of measure, labor, material, equipment rental, subcontractors, etc. to allow for data entry into system.
  • Assigns cost code numbers utilizing the established standard codes and assigning miscellaneous codes as required.
  • Participates in project start-up meeting with project team, subcontracting, risk management, and financial services.
  • Owner billings – participates with the Project Manager in developing each owner billing.
  • Issues change orders to the subcontractors when required by alterations from the owner to the Company or from the Company to the subcontractor.
  • Processes information from field personnel, updating the labor productivity reports, project labor percentages of completion and quantities.
  • Issues standard set of cost reports.
  • An onsite member of the project team, the project controller assesses cost performance, completeness and accuracy of reports, change events tracking and forecasting, claims and change order resolution, for both subcontracted and self-perform work.
  • Works with the Finance Manager and Project Manager to review project financial forecasts and track all commercial / financial risks and opportunities to forecasted performance, including pending change orders, disputed items, back charges, insurance claims etc. Supports the successful resolution of these issues.
  • Initiates and completes project closeout of all financial information.
  • Monitors accounts receivable and payable for the project and assures lien waivers are completed. Monitors and forecasts project cash flow.
  • Additional duties and responsibilities
  • Provides total commitment to continuous process improvement.
  • Supports and adheres to the matrix organizational format.
  • Models and reinforces safety as a top priority of the organization. Always wears a hard hat and other appropriate personal protective equipment while onsite.
  • Ensures client satisfaction, both internally and externally, through positive, pleasant, professional and efficient handling of issues. Exercises good interpersonal skills by gladly assisting others to accomplish work of the organization, even if it is outside the scope of regular duties.
  • Meets schedules and deadlines, adheres to policies and procedures and maintains a good attendance/tardiness record. Performs other duties as assigned by the supervisor.

 

 

Qualifications

Knowledge/Skills/Ability

Ability to represent to all persons the Flintco Ethos that encourages the highest level of performance, integrity and morale.  Practices good communication skills.  Reads, analyzes and interprets documents such as operating and maintenance instructions, and procedure manuals, owner and subcontractor contracts and project manuals. Writes routine reports and correspondence.  Reads and comprehends simple instructions, short correspondence, and memos.  Effectively presents information to groups of clients, employees of organization or top management.  Adds, subtracts, multiplies, and divides in all units of measure, using whole numbers, common fractions and decimals.  Computes rates, ratios and percentages and draws and interprets bar graphs.  Interprets a variety of instructions furnished in written, oral, diagram or schedule form.  Applies concepts such as fractions, percentages, ratios and proportions to practical situations.   Defines problems, collects data, establishes facts and draws valid conclusions.  Interprets an extensive variety of technical instructions in mathematical or diagram form and deals with several abstract and concrete variables.  Organizes and manages time, duties and activities efficiently.

 

Education

Bachelor’s degree (B.S.) in Accounting or Finance from a four-year college or university or equivalent combination of education and experience.

 

Experience

2-5 years applicable cost accounting experience or equivalent combination of education and experience.  This experience may have been gained within the construction industry, other longterm contracting environments, or in a senior auditing role. Experience in heavy manufacturing environments with detailed cost accounting will also be considered. Experience with cost control software applications required.

 

Physical Requirements                   

  • Physical demands are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • While performing the duties of this position, the employee is regularly required to stand; walk; use hands to finger, handle, or feel; reach with hands and arms; climb or balance; stoop, kneel, crouch, or crawl; and talk or hear. The employee is occasionally required to sit and smell.  The employee must occasionally lift and/or move up to 50 pounds.  Specific vision abilities required by this position include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.
  • Hearing and perceiving the nature, intent and meaning of sounds, as in listening to instructions, one-on-one conversations, and/or telephone conversations at job sites where construction and heavy equipment noises are present.
  • Communicating orally and expressing and exchanging ideas through oral communication, as in communicating with project participants at job sites where equipment and construction noises are present, and in a normal office environment.

Special Job Dimensions 

The project site work environment provides a safe and healthy environment, is adequately heated and cooled, is free from exposure and extreme conditions, has appropriate lighting and office furnishings, and is smoke-free and drug-free.  While performing the duties of this position, the employee is normally exposed to a standard project site environment.  Job involves minimal exposure to hazards on the job and occasional exposure to weather conditions.

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